*Official* MasterLeong Thread - Part 2

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havetheveryfun

havetheveryfun

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starfish.starfish said:
I wanted to retire with a realistic lifestyle and not something that I cannot enjoy or sustain.
1. Parents allowance: 1k
2. My allowance: 1k
3. Insurance : 600
4. Utilities, HP Misc etc :200
Click to expand...

work backwards lor..

2.8k is 33600 a year..

at 5% yield, you would need 672k...

considering that most sinkies are able to afford a HDB that costs 300-400k, 672k shouldn't be that far away if you have a partner who willing to fork out half of the HDB cost
 
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goh6570

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18-01-2017 07:16:49
BRIEF-Capitaland Commercial Trust updates on outlook

Jan 18 (Reuters) - Capitaland Commercial Trust :
* Estimated distribution per unit (DPU) of 2.39 cents for
financial quarter ended 31 december 2016
* "CCT's DPU for fy 2017 is, nevertheless, expected to be
stable barring unforeseen circumstances"
* Average monthly office market rent further eased by 2.2%
in 4Q 2016 to S$9.10 per square foot
* In 2017, we may continue to see downward pressure on rents
caused by stiff competition among landlords

Source text for Eikon: [ID:nSN8xxQkV]
Further company coverage: [CACT.SI]

((Bangalore.newsroom@thomsonreuters.com;))
 
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madtari

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This was my starting pay as a fresh grad 10yrs ago! I think you try to upgrade yourself and you should be able to get to that quite easily. But when your eventually reach there, your expenditure/lifestyle will surely increase as well. :s13:
starfish.starfish said:
Sibei sian. Last night relooked at how much monthly income I need to be able to retire from rat race, it's around $2800/ mth.
When will I ever get this figure sia? :( :(
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homer123

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Well, you have slim chance of retiring early if you can't cut spending. The alternative is to increase your income and find investment that generate higher yield
starfish.starfish said:
I wanted to retire with a realistic lifestyle and not something that I cannot enjoy or sustain.
1. Parents allowance: 1k
2. My allowance: 1k
3. Insurance : 600
4. Utilities, HP Misc etc :200
Click to expand...
 
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Retireready

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Seem like 2 piece KFC meal is good! Shifu, what will be the next piece of meal to look forward to apart from CDG.
 
Layers

Layers

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starfish.starfish said:
I wanted to retire with a realistic lifestyle and not something that I cannot enjoy or sustain.
1. Parents allowance: 1k
2. My allowance: 1k
3. Insurance : 600
4. Utilities, HP Misc etc :200
Click to expand...
Aim low first lor.
havetheveryfun said:
work backwards lor..

2.8k is 33600 a year..

at 5% yield, you would need 672k...

considering that most sinkies are able to afford a HDB that costs 300-400k, 672k shouldn't be that far away if you have a partner who willing to fork out half of the HDB cost
Click to expand...
Dk has 1.6k per mnth. For us, still a long way to go

Sent from Sony E6853 using GAGT
 
Genosis

Genosis

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havetheveryfun said:
work backwards lor..

2.8k is 33600 a year..

at 5% yield, you would need 672k...

considering that most sinkies are able to afford a HDB that costs 300-400k, 672k shouldn't be that far away if you have a partner who willing to fork out half of the HDB cost
Click to expand...

Nowadays, many REITs offer >6% yield......so the capital required is around $560k if the portfolio is REIT-heavy

Let's bro starfish saves $30k per year, that will take 18-19 years...still achievable :s12:
 
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